Hi Shail,
Let's start with the dividend. First and foremost, the Payout Ratio as a % of earnings is but one indicator of dividend safety. A high yield is an immediate red-flag and one that warrants a deeper look. We like to look at the dividend as compared to cash flows, mainly because paying a dividend is a cash outflow. If the company doesn't generate enough cash to pay the dividend, then it is likely borrowing to pay - which is not a sustainable model - at least in the long term.
Over the last year, PTG has generated negative operational cash flow, and negative free cash flow. In fact dividends have not been covered by cash flows for a number of years. Given this, I would not go out and say the dividend is safe. Furthermore, the dividend was last raised in 2017 which just happens to coincided with the start of when cash flows no longer covered the diviend. As such, I would not expect dividend growth anytime soon.
As a microcap, there are no analysts that follow the company - so I am not sure what the expected growth rates are. ALl i can see is historically, revenue has been on a steady downward trend since 2015. Not exactly the best track record.
Mat